SEP ACCT VA K EXECANNUITY OF ALLMERICA FIN LFE INS & ANN CO
497, 1998-06-02
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               ALLMERICA FINANCIAL LIFE INSURANCE AND ANNUITY COMPANY
                                   SUPPLEMENT
                          TO PROSPECTUS DATED MAY 1, 1998


                      Separate Account VA-K (ExecAnnuity Plus)
                                          



The management fee table under the section INVESTMENT ADVISORY SERVICES  is
amended to  change the management fee structure for the Select Growth Fund as
follows:


                      First $250 Million...........0.85%
                      Next $250 Million............0.80%
                      Next $250 Million............0.70%
                      Over $750 Million............0.70%







Dated:   June 1, 1998





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